brent oil

Angela Mangan

The Brent price originally generated a technical buy signal at US$34.68 on 22/2/16. A technical sell signal was subsequently generated at US$46.48 on 7/7/16 The overnight decline resulted in the minimum downside technical target located at US$43.50 being reached. It is an identical situation on the WTI oil price.... Show More

Matt Felsman

Chevron has had two assets in Nigeria attacked by militants in a week, the latest yesterday. Also on Friday, Exxon Mobil declared force majeure on exports of Nigeria's largest crude grade as production had been curtailed following damage to a pipeline by a drilling rig. Chevron isn’t the only major... Show More

Andrew Stanley

Origin Energy (ASX:ORG) was boosted by a relatively clean-half year result. The energy market business delivered good growth with margin expansion in ORG’s domestic gas retailing business a noteworthy feature we had been expecting for some time. ORG’s APLNG plant has finally commenced operations with the first train now operational... Show More

Angela Mangan

The strong commodity / energy price rally on Friday night resulted in Brent crude and copper reaching (earlier) technical buy signal minimum upside target levels. Recent Wires highlighted that QMG clients were alerted back in early February that the resource/ energy sector of the Australian market had turned positive,... Show More